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's mentioned, he was a president back then, too, of harvard law review. so he is used to holding the reins of power. a chief justice also holds the reins of power, the only difference is that a chief justice must hold them lightly, lest he discover they're not attached to anything. [laughter] perhaps the faculty feels the same way about a university president. [laughter] nevertheless, i know from long and personal experience that david brings to rice a special vision, talent and leadership. this school is fortunate to have him at the helm, and i know he feels blessed to be there. i'm especially pleased that david invited me to visit rice as part of the centennial celebration of the university's founding. and i extend my sincere congratulations to the trustees, the faculty, students and alumni on your first great century. the founding of a new university is always an historic occasion, but the founding iserrer moanny -- ceremony for rice was truly extraordinary. i went back to read the newspaper accounts from october 1912 that reported the event. the papers reported that the distinguished f
. if this bill becomes law, it will be the third budget bill in a row passed since we took over leadership in january, 2011, a big change from the previous six years when we only passed one budget bill. this was an open bipartisan process where we reached agreement on issues that will make this country safer and intelligence processes more efficient. we know we're facing tough economic times. this budget is slightly below the enacted levels of f.y. 2012. we made cuts where appropriate, eliminated redundancies and push programs to come in on time and on budget. people ask me what keeps me up at night? besides spicy food, i say weapons of mass destruction and a catastrophic cyberattack that shuts down our banking systems, water supplies, power grids or worse. this bill continues a substantial investment in cybersecurity that must be made to keep up with the cyberthreats of today and tomorrow. we also believe we must protect privacy and civil liberties when it comes to cybersecurity. another priority is space. the bill promotes the commercial space industry by enhancing the government's use o
. the source noted that the truman era law is so old it would take weeks to implement. even if the old law expires don't expect immediate spike if milk prices. >>> congress is still working to find agreement on the $60.4 billion emergency spending bill for hurricane sandy victims. some conservatives want the government to cut back spending in other areas in exchange for relief money. the new york and the new jersey governors ask for bigger aid packages. >>> the powerful winter storm swept through half of the country and left many in dark. arkansas, 15-inchs of snow caused widespread daniel to power lines and cutting electricity to 200,000 customers. chicago has already reached 500 homicides before the end of this year. the highest level in four years. windy city is desperate to lower its murder rate. correspondent mike tobin looks at one initiative to supporters hope will do just that. [ siren ] >> guy in the middle of the street. looks shot. >> gangland shooting part of every evening in chicago, the gun control debate is ongoing. solution passed by the cook county board of collisioners an
vote on something then. the senate could also pass it and signed into law. gregg: right. >> everyone is talking about there is not enough time. this is not true. congress can do whatever it wants. if they agree, the two parties agree congress can pass things very quickly the trick is getting both sides to agree. gregg: it is always small ball and it is never really significant. which shows an utter lack of courage. and the american people, you know, feel that way too about their representatives. put up on the "gallup poll." "gallup poll", likelihood of averting the fiscal cliff. there you see, susan, people are losing faith. i'm actually surprised that they haven't lost all faith. >> actually i was going to say the same thing. i think that number is pretty surprising. i would think it is much higher at this point. perhaps the public is getting used to this kind of game they play chicken and at the last second they come up with a deal. remember august 2011, we thought the nation was running out of money, we would hit the debt ceiling, government would partially shut down, literally at
to the constitution and the rule law. the preserve the constitution nseries promotes the protection of individual liberty property rights, free enterprise, the constitution limits on government coming and we have been able to feature some of the nation's most respected judges legal scholars, lawyers and policy analysts. the marquee event is tonight's program could joseph story distinguished lecture. the namesake of tonight's letcher, joseph story became the biggest associate justice to ever serve on the united states supreme court when he was appointed by president madison in 1812. he made a significant mark on american law in his 33 years on the bench, but his greatest contribution to the jurisprudence is his renowned commentary on the constitution. eminently quoted joseph story famously incorrectly declared, quote, a constitution of government is addressed to the common sense of the people and never was designed for trials of logical skills or visionary speculation and of quote. this lecture series celebrates the leg
a firearms group in ohio launching a test program. and arizona proposing a change to state law to allow an educator in each school to carry a gun. >> if you have somebody come in that is mentally ill with a weapon and they're killing people, an administrator or teacher can figure that out. >> the move comes after the recent shooting massacre in newtown, connecticut. a gunman shot and killed 26 people at sandy hook elementary school. 20 of the victims were young children. gun rights advocates saying teachers can act more quickly than law enforcement in the critical first few minutes to protect children during the school shooting. but some teachers strongly disagree with the idea. >> i think it is ridiculous. i don't think that teachers should be carrying guns. i don't think violence is the answer and the biggest thing i don't think is i don't think it will solve the problem. >> reporter: only a handful of states including utah and new hampshire allow concealed weapons in public schools. >>> we still have plenty ahead. your weather, traffic and all of your stop stories. >> fox 5 morning n
of the bill, but says he sees no reason not to sign it. the law is a big deal for many americans. nearly a thousand russian children were adopted here in just the last year alone. the move is largely seen as retaliation for a law president obama signed that restricts russian human rights abusers from traveling to the u.s. >>> our fourth story "outfront" tonight, arming our school principals. a proposal by arizona attorney general tom horn to give guns to school principals is gaining some support. horn says school shootings like the one in newtown, county, could be prevented if a school employee were armed and trained to use a gun. at least 36 investigators and three sheriffs are now backing the proposal, including sheriff paul babu of arizona, who's written, "the nra is correct. we need a cop in every school. we have a people problem, not a gun problem." sheriff paul babeu is "outfront" tonight. thank you for joining us. >> thank you, john. >> sheriff, i understand the attractiveness of this proposal, an armed guard, a school member training with a weapon. but let's look at the facts, go
in blockades and are making laws that no more than five people can gather. the government is very wary about what is going to happen next. >> russia has invited the officers of the syrian national coalition for parks, and is urging president bashar al-assad to do the same. they say russia must first condemn the president before dialogue him take place. russia says the transitional government should be put in place, with bashar al-assad staying in power. >> we have already had dialogue in cairo. we expressed readiness to meet with them, and are still ready. as we understand, they do not have any objection regarding the offer to leave. we are against interference from outside parties in syria. we understand we need a ceasefire. we agreed the geneva convention contains the elements to move forward for political settlement. >> in the caesarian title, schilling has devastated large parts of the city, including a large suburbs. the rebels say they have also made gains in eastern syria. fighters say they have captured this oil field. tens of thousands of mainly sunni iraqis turned out to protest th
families who signed up to adopt. this new law was named after a russian baby that died in the custody of his american adoptive parents. he was neglected. but it is really believe that the reason for this law was another law that was just passed in washington, so it is a response to the american law punishes human rights violators in russia. it was sparked by the death of a russian lawyer who died died in jail investigating a fraud case at the request of americans in russia. it singles out dozens of russians that police believe are connected to that case. they can't travel to the united states and their assets are frozen. russia has been defiant in this case. it is even launching a posthumous price for the new law and russian voices speaking of saying it's not fair to penalize children. having adopted 60,000 over last two decades, and as you mentioned, there are several dozen cases right now that are pending. several dozen russian children who are in the final stages of this adoption process. those who should be coming to the united states very soon. it is not clear what's going to hap
under federal law to notify the legislative branch that, fact, they are going to come up against the deadline, precisely why it is -- >> uses the phrase default. we are not going -- the u.s. government isn't going pay its debts. we are going to be like greece. that was -- everybody -- both sides, by the way, republicans and democrats, both used the phrase default. you know perfectly well how it works in the government. you can make choices. >> i hate to break the news to you but -- i don't think anyone other than watching cnbc anyone actually cares and nobody believes the federal government will not pay social security or other debts. >> are you kidding me? i think they do. that's what they start with. right? start with the social security checks aren't going to go out. then -- what do people do, call their congressmen? the elderly get frightened. they think they won't have their weekly paychecks. >> this would not be the first time anyone from the executive branch tried to scare senior sit sense what do we do? we are going over the cliff. do you think we are going over cliff? >>
. >> reporter: instead of upholding the law, gina eunice, seen here in an orange jumpsuit, found herself on the wrong side of the law. >> she was studying criminal justice, hoping to become a police officer. >> reporter: her attorney says eunice was about to graduate from college. the district attorney charged the 23-year-old woman with driving under the influence, hit-and-run and vehicular manslaugher. those are just some of the six charges she's facing after police say she drove her car into a group of people last week at the twin peaks vista point in san francisco. the accident killed a 56-year- old woman visiting from china and injured two others. police say the impact knocked the three pedestrians about 30 feet down a hillside. while the victim's family did not appear in court, the suspect's relatives came to the hearing. they declined to talk on camera. but the suspect's attorney did speak, saying gina eunice is praying for the victims, the yao family. >> the entire eunice family is destroyed by what happened, and i think it's fair to say that their main concern is for the yao fami
americans from adopting russia children. i can't believe this happening in retaliation law for cracking down on russia human rights vialators. >> these children are not available to international adoption until after they have been on a domestic registry for eight months n our son's case, 22 families, russia families came to see him and rejected him because of his blood line. >> julia: this woman was on o'rielly and laura ingraham was hosted it . she had adopted two russian children. she doesn't know if they will see the boy. they have gone over there constantly to get close to the little boy. more than 60,000 russian children have been taken in by americans in the past two decades. massive winter storm that killed 16 people so far continues to move over the northeast. it is expected to head into canada today as many travelers are trying to get home after christmas. they had flights cancelled all over the place and delaying 8000 more. many northwest states saw a foot of snow . in vermont, 21 inches. hard-hit arkansas, 200,000 homes and businesses lost power. the bush family said, put away th
of renewable energy. these things are some of the changes in environmental law relative to emissions -- they are all part of that effort. we have got to do more. we have to build on that. but it is certainly a commitment. one thing we recognize is that it does not have to be a competition between our economy and our health, because renewable energy and clean energy have economic benefits that are pronounced, and people understand that. so we highlighted the issues we felt needed to be highlighted for voters who are going to make the decision in the election, but the president's agenda is reflected in his work, and i expect he will continue to work hard on this issue is. >> let's take these last questions as we wrap this up. >> thanks for coming back to the university of chicago. i have a quick follow up. yourding super pac's -- just now reclaim your concerns about unlimited money in campaign financing. on the other hand, we saw earlier today had democrats were already oiling up their machines for 2014 and 2016. what are the prospects for repealing citizens united or comprehensive cam
to this crisis. we're talking about the fiscal cliff. >> it hasn't got ensigned into law. there's no success yet there. >> boehner should move it tomorrow. he should just do that. >> jonathan? >> listen, the president campaigned on a three to one spending reduction and we're not see anything spending here. democrats controlled two-thirds of the chips. >> joy ann, why is this all about taxes? >> one reelection and the -- it doesn't do that much spending. >> it's been all about taxes. >> all about raising taxes. >> there's this obsession with raising taxes. >> it was to go after school lunches and elderly care, health care for poor kids and increased spending. >> no, no, no, they want entitlement reform, joy ann. why this obsession with cutting old people's medicare? >> it's not an obsession about cutting benefits to the elderly, joy ann. it's about reforming medicare over time so at some point in the future we don't tell an 80-year-old you know what? you're not going get the medicare cha you thought you would have. this is about not hurting the elderly. >> the republican solution is to hand 80-ye
it or not. i was born in flint, michigan. i went to law school and became a lawyer and clerk for justice powell of the supreme court. was a lawyer and was planning to do that for my career in washington. was plucked to be general counsel of the parent company of abc back in 81. i did that for a few years. through a roundabout way i ended up becoming president of abc news. it's not something i ever saw to do. even when what to do it i did it because we need secession plant because we needed secession plan and his i thought i would do it for a couple of years. the biggest surprise was that came to absolutely love it. i've met some wonderful jobs. i've been very blessed, but been any news organization like abc news, much less running it is a rare privilege. that's part of the reason i wrote the book is, people have not had that experience, some sense what it is like. >> how do you get to go to the supreme court? what was that process? what did you learn at the supreme court that helped you run abc? >> as i said it went to michigan undergraduate, and sort of wandered into the law. i was fort
was educated at yale university and yale law school and immediately entered the navy where he received the purple heart for his service in the pacific theater. the awful immediacy of his war experiences made him a man who was dedicated to making every feasible effort to achieve peace. after he was discharged at the end of war, he worked as "newsweek" magazine, and in that job came into contact with joseph kennedy sr. who asked him to manage the merchandise mart in chicago. during those chicago years, he married the boss' daughter, eunice, in 1953 and chaired the chicago school board and the catholic interracial council as a supporter of desegregation of the city's schools. shriver's prominence in the commercial and social life of the state soon led to interest on the part of the political leaders to nominate him for governor of illinois. but by then his brother-in-law, john kennedy, was running for president. shriver served as kennedy's chair for illinois and also headed the campaign's civil rights division. in that capacity late in the campaign, he convinced kennedy to telephone coret
citing public safety for that high amount. instead of up holing the law, gina eunice seen here in an orange jumpsuit found herself on the wrong side of the law. >> studying criminal justice hoping to become a police officer. >> reporter: her attorney says eunice was about to graduate from college. the san francisco district attorney charged the 23-year- old woman with driving under the influence, vehicular manslaughter. those are just some of the six charges she is facing after police say she drive her car into a group of people last week. the accident killed a 56-year- old woman visiting from china and injured two others. police say the injury knocked the three pedestrians about 30 feet down a hillside. while the victims' family did not appear in court, the suspects' relatives came to the hearing. they declined to talk on camera. but the suspect's attorney did speak saying gina eunice is praying for the victims, the yao family. >> gina and the eunice family are destroyed by what happened. and i think it's fair to say that their main concern is for the yao family. >> reporter:
used in crimes that would be not law-abiding gun use. they would support amendments to carry guns on amtrak, national parks and bars and what i would call the notorious stand your ground legislation. do you think that agenda, if it has more exposure in this debate, i mean if the president read off those things in the state of the union, do you think that would drive a wedge between the average gun owner and the nra's national agenda? >> it would start a debate. look, it's not the job of reporters to carry one side of an argument. if the nra is making an argument and no one is making one against them, it has a consequence for the debate. what the gun control side has lacked for a long time is a powerful grassroots group that actually has the muscle and the money to force the conversation, to force leaders and lawmakers and presidents to talk about it. so you don't have a solution or problems -- >> i think we're abdicating responsibility there. we talk about, you know, far right and left and act like we're having a balanced debate. it's rare we go through statistics and teach the su
that is in effect. they do it, because if they don't do it, the farm legislation lapses and we revert to farm laws between 1938 and '39. the house has not even voted on its version. congress doing nothing about even the stuff everyone is paying attention to, not to mention being famously not in session, it seems highly unlikely the house is going to get it done in time. so what? here's what, in one example. if there is no new farm bill six days from now, the government will have to abide by the provisions of a 19 49d law regarding milk. that would require them to buy milk from dairy farmers at hugely inflated prices. if that law takes effect again in 2013, the government will be forced to pay double what it currently pays for milk. for a short time it will be awesome for dairy farmers, they can sell as much milk as they can to make a ton of money. even dairy farmers know that the windfall will be bad news real quick. the government run on milk will lead to shortages for people who buy milk at the grocery store or buy it to make dairy products like cheese and pizza. americans love their pizza. it w
and moments later they heard gunfire. >>> time is 5:14. the man accused of starting a fire at the law offices of the mayor of vallejo is due in court today to enter a plea. 44-year-old love is charged with two arsons. a fire at the law office on september 29th and a july 30th fire at taylor chapel. the judge ruled that love can stand trial in december. he's being held right now under a $too many thousand bail at -- $250,000 bail at the solano county jail. >>> fructose sugar may lead to over eating. fructose a specific kind of sugar can trigger brain changes that caused over eating. it's a small study that found after drinking a beverage with fructose the brain doesn't register the feeling of being full as other simple sugars. although the i research doesn't prove that it causes obesity it does add to the evidence. >>> time is 5:15. it is wednesday. i think for a lot of people it feels like monday heading back to work after the holiday. >> like sal. >> that is right. we are here. a lot of people are driving to work i guess. we're looking at the commute in san francisco on northbound 101 appro
of law and military justice. we spend millions of dollars to work with the military during a wholesale way on mentor ship and to make sure that human rock -- human rights and the law are instilled drought. -- instill that throughout. >> and where you have seen efforts not working at all, where is it? is it the same? >> again, the challenges are paramount. these are forces that do not howff a great amount of discipline. they do not have great training. enda in many cases, they do not have great education. there is a capacity problem within the drc, and it makes it harder to try to train them up in a way that meets the standards that we would like to see in the military. >> would you like to comment further? gregg's yes, i would. -- >> yes, i would. i would like to say that security sector reform in the army has been a failure, for the most part. it is a failure because of all of things that my colleague has said, but is also a failure because of the elements appear of corruption. soldiers are not paid on a regular basis. they are not sustained and read what in the field -- and reequippe
't be a discussion. senator harry reid has a pocket veto on the budget. >> and that's not within the law. the law says the congress has to pass a budget every year, the senate has to pass a budget but harry reid has chosen not to bring a budget year after year after year. he's not committed to dealing with the major problem of the country, the spending. >> and it's sort of interesting. nevada re-election him, that's their choice but the rest of the country is held hostage. people in my home state of wisconsin, if they don't like harry reid has majority leader there's nothing they can do. they can put pressure on their senators, but for the most part senator harry reid is in a very powerful position. >> i think he's taking orders from president obama. this is time for the president of the united states to lead. there's only one person who has the pen who can sign into law the law preventing us from going over the cliff and if the president actually wanted to get it done, he would tell harry reid and others this is what we had to do and he would make the arrangement to make sure we didn't go over t
of these people trying to leave the in-laws house. >> rick: we learned the other day that gretchen loves her in-laws. >> gretchen: exactly, because there was a study and the mother-in-law takes the hit. >> rick: there must be a few people who say i can only handle three days of her. i can't go home -- >> gretchen: are you going to help them out. >> rick: you might have to spend four or five days there, get ready. find some way tie a break. there will be really big storms. >> gretchen: let's talk about this morning with an extreme weather alert. deadly storm system that slammed the midwest, snow and tornadoes heading northeast this morning. >> oh, my god, look. that's a tornado. oh, wow. oh, jesus, look at that tornado. >> gretchen: so that tornado spotted in mobile, alabama. am i saying that correctly? >> rick: yeah. mobile. >> gretchen: okay, good. one of the hardest hit cities, tens of thousands of people there waking up the day after christmas now without power. >> when it calmed down, we looked and everything seemed green, like it was popping off transformers left and right. we heard a noise. i
clay, infrastructure and monopoly and rule of law are pretty important for anybody getting rich. >> remember, etch-a-sketch, most damage to the romney campaign came from people from the romney campaign. etch-a-sketch, you turn over a page and there will be something else. at the end the american people didn't know who he was or they didn't like the person that was emerging. what should have been an election about the economy came an election about empathy or lack thereof. >> that was the biggest game changer was 47%. david korn gets credit for most decisive school of the whole season. >> jon: more news watch ahead, first if you think you see something of media bias, get on twitter. why did the media ignore some of the big of the stories of the year? >> mr. president, you went out of your way to avoid the use of terrorism in connection with the libya attack. do you believe it was a terrorist ago? >> it's too early to tell what group was involved, but obviously it was an attack on americans. we are going to be working with the libyan government to make sure we bring these folks to
to serve. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. advil pm® or tylenol pm. the advil pm® guy is spending less time lying awake with annoying aches and pains and more time asleep. advil pm®. the difference is a better night's sleep. patrick dempsy has a strong tie to the city. wish him luck. back to you. >> clayton: lack of security. and so we thought according to the new york post security officials that were sacked after the release of the benghazi report are still on the government's pay roll and will be back to school with work. here is the reaction lieutenant cornel tony schafer. when you heard the report that came out around christmas, what did you think? it is an extended montyepython skit. the idea here is that these people are not held accountable . this is but one more layier clayton of regarding the whole ben
that they have already racked up through the laws that they passed. let me repeat. we can't not pay bills that we have already incurred. >> reporter: that in turn drew this response from conservative republican marsha blackburn speaking on fox news this morning. >> i was very disappointed in his demeanor and comments that he made last night wanting no fight over the debt ceiling, are you kidding me? >> reporter: all of this, an indication of the fight we can expect in the coming weeks, jenna. jenna: a lot of dynamics at play. colorful language, doug reflecting some of those high emotions. talk to a little bit about speaker boehner and the way forward for him. what are you hearing about him maintaining his leadership role and why is that a topic of conversation now? >> reporter: well, it's a topic of discussion right now in part because notice how eric cantor, the house majority leader voted on the fiscal cliff deal last night. he voted against it. some have interpreted that to be premonition, an indication perhaps there will be some sort of a challenge to the speakership of john boehner. however
>> and i have the right to petition the courts if the don't agree with a law. we are not going to all agree with every law that is passed. i don't agree with the laws that restrict contraception use now being put forth in different states around the country. i feel like those infringe on my rights as well. >> nothing infringes on your rights. >> you don't have to work at hobby lobby. economicception is an check issue for many women. >> this is about forcing the employer to give it to you for free. >> happy new. >> sean: and we continue to monitor here on the fox news channel america on the brink. the latest on the fiscal cliff. let not your heart be troubled. that is all the time we have left but greta is standing by >> juliet: wake up, everybody, it's saturday, december 29th. i'm juliet huddy. down to the wire for a fiscal cliff deal. and is it mitch mcconnell to the rescue. live in washington on the 11th hour negotiations. >> and did you know about to fall off the dairy cliff? >> juliet: have you seen the prices? >> dave: as high as 8 bucks a gallon for milk. >> clayton: oak
corruption scandals. russian president vladimir putin signed a bill into law today banning americans from adopting russian children. the move terminated more than 50 adoptions that already were underway. the measure came in reaction to a u.s. sanctions law targeting russians accused of human rights abuses. former president george h.w. bush was said to be alert and improving today. a family spokesman said he's even singing with doctors and nurses. mr. bush is 88 years old. he's been hospitalized in houston with complications from bronchitis. this week, he was placed in intensive care, but in an e-mail yesterday, his chief of staff said the former president wants people to put the harps back in the closet. those are some of the day's major stories. now, back to margaret. >> warner: the victim of a horrific gang rape in india died tonight at a hospital in singapore. the attack enraged much of the country, and the reaction caught the government off-guard. ray suarez has more. >> suarez: the fury across india has been building for nearly two weeks, since a 23-year-old medical student was gang-
. >> like it was a harvard law review just to show who is the smartest person in the room. we don't need the smartest person in the room. we immediate somebody to say all right, america, we need to deal with revenues. that's the bad news. we immediate to deal with the medicare fiscal cliff or you are not going on get your medical bills paid. >> remembering an american original. >> iraqis are dumb muff to attack her going to pay a terrible price. >> nicknamed stormin' norman for his ledgendary temper. he died thursday due to complications from pneumonia. >>> it is a year comes to a close, we look back at the amr moments that left us starstruck and speechless in 2012. >>> good day. i'm luke russert. live in washington, d.c. in for andrea this afternoon is the calm before the economic storm white house officials and congressional leaders have kept quiet. ahead of the pivotal round table discussions we all hope can produce some kind of plan to prevent a fiscal cliff dive in the new year. you guessed it. another day without a deal means more losses on wall street. look at those numbers will.
of law committee for the ocean. it is said that geography is one of the most important factors because it is the most permanent. we saw the arctic icecap drop and it appears to be opening more this session. what does this trend mean in a generation for russia and canada? >> i did go to zero chapters to it in the book. he is very provocative. in the middle of roberto they predicted china who was our ally would become our adversary geographically. also he said united europe could be a competitor for the united states. with the arctic icecap, if the arctic was open for shipping and a friend would sail the northwest passage up green land and across canada that shipping in the northern arctic that could provide alternative routes that is somewhat less of an emphasis of the indian ocean. to bring russia closer to america fundamentally. it would make canada significant you have shale guest, the tar sand and the hydropower resources with open arctic it would be that much more significant. >> i would like to offer a quick comment. to go through another level off from the decade. but with the ch
to try to get wallace off the ticket. it was run by two people, the national chair that france and laws machine that got true many elected in 1940 and ended pauli was a california millionaire that said i went into politics and realized it was cheap to elect a new congress than to buy at the old way and he is going to get indicted for treason. >> so, they decide they're going to try to resolve delete user count him to convince him that he can't get free elective wallace is on the tickets. we are not denying that. in 1941 when henry made his famous speech saying the 20th century is to be the american sentry and the united states is and to dominate the world economically and politically and militarily and culturally. he responded to that as vice president and me the speech. they had the people's revolution in the tradition of the french, the american, the latin american and russian revolution he called for ending colonialism and imperialism and the economic exploitation spreading the fruit of science and technology are not of the world and the southern segregationist was the leading spokes
in places like california and hawaii because of land use laws from the 1960's. second, if you look to the community reinvestment act, if you think that is the cause of the bubble, you have to explain why there was not a bubble in houston, raleigh, n.c., that winter? -- atlanta? it applied to those cities just as much as san francisco and miami, yet there were bubbles there and no balls in houston, omaha, -- bubbles in houston, ohio, -- global hawk, where have you. host: you conclude the book with "home ownership is not just an american dream, a dream of people all over the world. guest: that is absolutely right. a lot of research has shown that homeownership is one way to help people get out of poverty. if you want to start a small business, it turns out most are started with a loan on a business owner's home. if you want to put your kids through college, you can borrow against your home. homeownership is a way to build wealth. yet we have government saying we should get more people into apartments, fewer people into cinder the -- single-family homes. host: what is the track over l
trillion over ten years. here we are today, december 19, and these law changes which i referenced earlier, the end of the bush era tax cuts, the dreaded sequester, across the board cuts of $1.2 trillion in spending will begin to take effect the first of next year. the good news is the white house and republicans have been trading proposals and at least yesterday appeared to be moving closer together. i would have much preferred that they would be talking about a bigger package than they've discussed but nonetheless to reach a package that would resolve some of these issues would be an important step forward and i think help promote certainty that would be important to our economy. on the revenue side of the equation, i just want to remind you what it's taken in the past to balance the budget. we hear talk on average revenue is in the 18% of g.d.p. range n. getting back to average you will should be sufficient. the problem with that is we have never balanced the budget in the last 50 years based on 18% of g.d.p. in revenue. balancedtimes we've going back to 1969, you can see that revenue h
's got no chance whatsoever of becoming law, end quote. that's what i said back on july 25th. the only reason we ever allowed that vote on that proposal, as i said at that time, was that we knew it didn't pass constitutional muster and that democrats were really serious they would proceed to a revenue bill that originated in the house, as the constitution requires, and as i called on them to do again last week. to repeat, the so-called senate bill is nothing more than a glorified sense of the senate resolution so let's put that convenient talking point aside from here on out. last night i told the president we'd be happy to look at whatever he proposes, but the truth is we're coming up against a hard deadline here, and as i said this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. that having been said, we'll see what the president has to propose. members on both sides of the aisle will revi
opportunity for women received greater opposition than his programs on race. congress had passed a law forbidding women to serve on fighting ships or in fighting planes. so by law women did not serve on an equal basis with men. women were also not permitted to attend service academies. at this time it was legal only to assign women to hospital or transport ships. bud understood that the culture believed women should avoid aggressive activities, but once again he took another view, and here's his view. i want to quote it. i have no problem supporting women in combat for two reasons. one, i remember well my grandmother's stories about fighting off the indians along with her husband as they crossed the plains and, two, the most vicious and cunning enemy i ever had to fight was a viet cong woman. close the quote. so in 1971 bud formed one of these wave retention groups. retention groups were these groups that he created to study problems in the navy; race relations, women in the navy, etc. and these, this wave retention group revealed general dissatisfaction with the reality that women wer
point has the joint chiefs into his office and they basically tried to lay down the law and said mr. president, we don't like the way your prosecuting the war. he curses them out in the most vulgar terms, which i won't use because c-span will get mad, and the chiefs leave. casino says i've never been talk to like that in my life. well, at that point, you put your stars on the table and say, mr. president, you have clearly lost her confidence in me, i am out of here. that's what george bush would have said had fdr spoken like that to him. we know this because once when douglas macarthur told that with roosevelt, roosevelt said douglas, you must not talk to the president like that. so these guys had an understanding back then that we seem to have lost in our senior leaders later on that their job is to speak truth to power. even when it's uncomfortable, especially when it's uncomfortable. >> that's why want to come right back to the iraq war and the current iraq war, and ask you why you think it is, i think, to the extent that has been blamed come a portion, it has rested mostly with
to avoid the fiscal cliff. >> thanks to the votes of democrats and republicans, i will sign a law that raises taxes on the wealthy. >> i wish i could say this was a proud moment, a moment in which we started the new year off right in which the 1st of january was the first of many good thins. it isn't. we're kicking the can down the road. >> the white house had no immediate update on when the president would receive and sign the bill. tomorrow new members of congress, though, will be sworn in. here's some of the provisions of the deal passed last night. a permanent extension of previous tax cuts for all payers except for individuals making $had00,000 or couples making more than $450,000 -- making more than $400,000 or couples making more than $450,000. they will have to face at least three more fiscal cliffs. they will have to resolve the issues this last-minute deal did not address. >>> 8:03. well, the action that congress took late last night to prevent income tax for most americans does not mean your paycheck is safe. ktvu's janine de la vega is in san jose right now to tell us
. but here's the deal, your in-laws are staying here a lot longer now. if you were hoping to get a break, your mom and dad or your in-laws coming back, saying we're going to be here for a couple more days. hopefully you love your in-laws. >> i'm away from home right now, but if my in-laws are staying, you are welcome to stay as long as you would like. >> good answer, muhammad. good answer. >>> because of this storm, the search for two missing students in maine is suspended indefinitely. state police divers used sonar in their efforts to locate the two. they were last seen drinking with friends a week ago at wells' home and they're students at a yacht-building school along the maine coast. >>> in other news, hundreds of schoolteachers plan to attend firearms training today in salt lake city. the 200 teachers come from districts all across utah and they volunteered for the concealed weapons training that is offered each year. organizers say in past years, only a few dozen teachers have attended this training, but they're expecting an overflow crowd now because of this month's tragedy in ne
consumer law center and the author of several publications including "student loan lot," and "the guide to surviving student debt." next to her is the n.y.u. chief enrollment officer. he is in charge of the office of financial aid. so, to get into the solutions oriented discussion we're going to have today, the problem is something i think everybody is very familiar with, but i think sometimes google's of the sale is an interesting harbinger. if you type in student loan, it will suggest student loan forgiveness. if you type in student debt, it will suggest student debt crisis. this is a problem many people worry about, whether it is at 3:00 a.m. when they cannot sleep or in the hospital staring at their new baby and wondering, how will i do this the way i want to, the way maybe my parents were able to manage in a previous generation. the average student graduates with $26,600 worth of debt and over 13% default within three years. we have more outstanding student at than auto or credit- card debt at this point. many may think it is good that we have more student debt than credit-card deb
. king is now on administrative leave. >>> 13 now before the top of the hour. this morning, the law enforcement community is coming together to remember one of their own killed in a crash. hundreds attended a candlelight vigil last night for chris young. the 35-year-old worked as a police officer in prince william county. young died on monday in a fiery crash in bristow. he was responding to a call on his department motorcycle when he collided with a minivan. you see that all here. young's brother is also a police officer. he spoke at the vigil last night. >> he's looking down on us right now and just smiling. >>> the two people in the minivan involved in that crash were not hurt. the commonwealth's attorney will decide if charges will be filed in this case. >>> investigators are trying to determine what caused this massive fire in prince george's county. witnesses sent us these photos showing flames shooting from the roof of the home on student drive in clinton. the fire began just after 6:00 last night. the fire was so intense, firefighters were forced to fight the fire from outsi
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